Spanish telecoms group Telefonica had agreed on Tuesday to increase its stake in Telco, of which the latter is the controlling shareholder of Telecom Italia, via cash-and-share deals.
Investors
Nairobi morgue braces for more bodies in Kenyan mall attack
The city morgue of Nairobi had readied itself to receive more dead bodies from the mall attack in Nairobi, Kenya.
NBC's "The Blacklist" starts strong
An estimated 12.6 million viewers watched the premier episode of NBC's "The Blacklist."
UK IPO activity boosts Close Brothers' securities business
British specialist financial services group Close Brothers Group Plc experienced a 5% increase in its adjusted operating profit to GBP25.7 or USD41.2 million this year ended July 31.
China's Cofco lists its commercial property business in HKD14.2 billion reverse takeover
Chinese conglomerate Cofco listed its 12 properties across China as part of its HKD14.2 billion or USD1.8 billion reverse takeover with subsidiary the Hong Kong Parkview Group.
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In a meeting on Tuesday, a whopping 96% of Smithfield Foods Inc shareholders voted in favor of the USD4.7 billion acquisition by Shuanghui International Holdings Ltd.
The United States Postal Service featured Ray Charles in its new forever stamp. The United States Postal Service featured blind singer-songwriter Ray Charles in its new forever stamp.
The winner of the USD 400 million Powerball jackpot claimed his prize but preferred to remain anonymous.
BlueData received USD 15 million for its Series B round. BlueData Inc, a startup that secures big data private cloud for businesses, said it gathered capital commitments amounting to USD 15 million in its Series B round.
Fiat SpA and Chrysler Group LLC chief executive Sergio Marchionne had filed an IPO on behalf of the latter to end the stalled merger of both carmarkers.
A reduction in gas prices could be felt all over the US. Gas prices had been dropping all over the country. GasBuddy, a website that monitors the prices of gas around the US revealed that prices at the pump had fallen to as much as USD 3.
ProAssurance Corp announced that it would be buying Eastern Insurance Holdings for USD 205 million. Alabama-based risk management company ProAssurance Corp said it would be purchasing Eastern Insurance Holdings.
The New York Federal Reserve Bank retains bond purchasing policy. The head of New York's Federal Reserve Bank said last Tuesday it would remain possible for the Federal Reserve would trim its bond purchases before the year's end.
Buoni del Tesoro Poliennali is the local name for bonds in Italy, which are still in demand. Local savers for the special BTP Italia sovereign bond continue to demand for the bond, showing appetite remains high and robust.
